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Will a bank finance you for a new car if you filed for bankruptcy?
Wiki User
∙ 15y ago
Very unlikely, unless it was long ago...and of course, you better have pristine credit since then.
Wiki User
∙ 15y ago
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Where would you find records of past car loans which was finance by Bank One then loan went into bankruptcy and paid out by bankruptcy?
Try searching your credit report for info. Last resort would be to go to Lawyer that filed your bankruptcy.
What are the negative effects of bankruptcy for the rest of your life?
not as bad as you think. I filed bankruptcy in 1996 and then was able to finance a new car in 2005. so it only affects you for about 10 years
I am going into a bankruptcy in app 1 month the bank wants to reposses the car if I surrender the car before the bankruptcy is filed will it show up as a repo or go under the bankruptcy?
It will show up as both. If the bank auctions off the car, they may come after you for a deficiency judgment. Any chance of them coming after you would be taken care of in the bankruptcy.
If you filed bankruptcy in Illinois and have not made a car payment this month but notified the bank of the bankruptcy will the car be repossessed or will you be notified to return it?
If you are not going to reafirm the loan, in other words- keep and pay for the car, then yes the bank will want the car back. Usually they will try to get the car back shortly after your 1st court date when the court has oked your petition to go thru bankruptcy.
What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
If the finance company has repossessed your car and you have filed and been discharged in chapter 7 bankruptcy in Kentucky who owes the property tax for the current year on the car?
You do. You were in possession of the car. The car was registered to you. Until the car is sold, you are legally and financially responsible for it.
Can you be sued for a car accident after you have filed for bankruptcy?
Yes, the accident and bankruptcy are two different issues.
When can a car be repossessed after bankruptcy is filed?
you better go look in you driveway
Where can one go to for advice on how to finance a car after one has been in bankruptcy?
Car lots are a great place to go for advice on how to finance a car after bankruptcy. They know the best lenders for you to work with to get your credit built back up.
Do you still have to pay a car loan if the co-buyer filed bankruptcy?
Yes.
Can you give me the name of the form I need in order for me to be allowed to purchase a new car after I have filed for bankruptcy?
If you have filed bankruptcy, you are not going to be financing any new cars any time soon.
When you finance 2 vehicle from dealer and included only one car in bankruptcy. Can delaer repo the other car?
In most cases when the bankruptcy is over YOU have to reinstate either catch the default up pay the vehicle off or turn it back in. The finance company will in most case refuse to sign over a title on a secure loan you must give the property back. And from being a collector for a national bank you wont wait long to see a tow truck if you reinstate and miss a payment . one of my office rules call a debtor and they threaten bankruptcy I call the REPOMAN right away ,and get the unit picked up. Even in some cases people have filed bankruptcy and not included there vehicles in it and they have been repo'd . the bank will receive a letter and a court date
